Did add the following settings after installing the fonts and adding required settings

This is not Fira Code, this is some fallback font I suspect. Can you screenshot your settings?
Indeed this is not Fira Code.
sorry guys, uninstalled VSCode and went back to my old editor.
But only settings I had were these
"editor.fontFamily": "Fira Code",
"editor.fontSize": 14,
"editor.fontLigatures": true
Do close the issue if you are not able to reproduce, but looks fantastic on Intellij though
Only way those settings would show the fallback font is if Fira Code (Regular?) wasn't installed as a system font.
@vedhavyas I have Fira Code working on VSCode with the following (weirdly double quoted) config:
"editor.fontFamily": "'Fira Code', 'Droid Sans Mono', 'Courier New', monospace, 'Droid Sans Fallback'",
Yeah, you have to quote it inside the config because it's a CSS font configuration, and that's how they work :\
@aviraldg yup, it worked
Just so you won't feel as dumb as I do right now: Make sure to actually install the font on your system ;-) How-to can be found here
Sorry guys to comment on a closed isssue but Fira Code my VSCode editor looks bold. I have tried all the font weights, it just doesn't change its weight. The only way to make it work for me is to uninstall the bold and regular font. Other editors show it correctly.

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Just so you won't feel as dumb as I do right now: Make sure to actually install the font on your system ;-) How-to can be found here